Cryptocurrency Explained: Pros and Cons for Investment

1 year ago
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Cryptocurrency Blockchain Bitcoin Ethereum Investment CryptoInvesting DigitalCurrency Finance Fintech Decentralization CryptocurrencyExplained

Before you enter any market, it is important to know its advantages and disadvantages.
Here is a list of cryptocurrency pros and cons you should know about.
Pros
1. Decentralized system
2. Deflationary nature
3. Anonymity prioritized
4. Transparent operation
5. Highly secure
Cons
1. Vague understanding
2. Hub for illegal activities
3. Single access point
4. Prone to hacking
5. Extremely volatile

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